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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: Maurice Winn who wrote (22612)	8/13/2002 10:18:46 PM
From: EL KABONG!!!	Read Replies (3) \| Respond to of 74559

Maurice, Bombardier's problems are emblematic of those facing any firm even remotely connected to the airline industry, and Bombardier is anything but remote to the airlines. As long as airlines are going belly-up (in the USA, primarily as a way of securing permanent concessions from labor contracts, I might add), otherwise good companies like Bombardier will suffer along with the industry. Most of us are very aware of the publicly traded airlines in the USA, but just take a gander at European airlines, or elsewhere in the world; or even privately held concerns. It's not a pretty picture at the moment. Yesterday there was a wee bit of news that does favor Bombardier, maybe, with heavy emphasis on maybe. American Airlines announced that they will phase out the Fokker aircraft (100 seats per flight) in favor of smaller craft (50 seaters) from other aircraft makers. Bombardier specializes in 50 seat aircraft. Bombardier already has an existing contract with American Airlines. Ergo, it might be reasonable to conclude that Bombardier could sell additional aircraft to American Airlines somewhere down the road after AA completes its recently announced reorganization. Wait and see, I guess... KJC